Nornickel can restore water-hit mines, but unclear when – experts

On the bright side, the companies have started production of ultra-heavy crude oil at their Hangingstone Oil Sands Project in Alberta

Japan's Sumitomo Metal Mining Co Ltd. said on Tuesday it will exit from a nickel exploration project in the Solomon Islands because of slumping nickel prices and the loss of a legal dispute over mining rights in the country.

The accident happened in Kashmir

The mine, which began producing in May 2014, has suffered a series of technical problems in its ramp-up phase.

Former rival bidder Glencore will subscribe to $300 million worth of the rights offer.

The company will return a total of $3 billion to shareholders: $2 billion on the dividend side and $1 billion of share buybacks.

Environment and Natural Resources minister Roy Cimatu also said there was no rush to make decision on suspended, closed mines.

Brad Halverson has spent nearly three decades with the mining and construction equipment maker.

The diamond giant said customers began buying rough diamond earlier than usual so they can complete their polishing before Diwali begins.